Education & Training

Strategic wins ruling on Duff debt
Failed lender Strategic Finance has won a court ruling ordering Christchurch property developer Dave Henderson to pay almost $2.4 million to cover debt on a property development once owned by author Alan Duff.

Senior TVNZ staff resign
Two television producers responsible for TVNZ’s Breakfast and NZI Business programmes have resigned after the broadcaster asked them to re-apply for only one job.

Pye eyes US literacy market
Early education publisher and Rich Lister Wendy Pye is chasing a big share of new multi-billion dollar US federal and state government grants to improve child literacy, capturing the first rights to offer multimedia products on new Texas electronic textbooks.

Shares head for fifth straight daily rise
New Zealand Oil & Gas led gainers on the NZX 50 Index, rising for a second day on plans to buy back 2.2 percent of its stock, which the company says is 'significantly' below fair value. Securities market operator NZX paced the advance.

Earthquake delays statistics releases
The Christchurch earthquake will delay the release of several statistical updates over the next couple of days after Statistics New Zealand was forced to close its offices in the city.

Redundant Westin workers protest
Redundant workers today staged a noisy protest in front of bemused guests and a handful of staff at the exclusive Westin Auckland Hotel this morning.

Wholesale trade sales continue up
Total wholesale trade sales rose a seasonally adjusted 2.2 percent or $472 million in the June quarter, Statistics New Zealand says.

Marac increases market share
Marac Finance, the Pyne Gould Corp’s finance unit seeking a merger with two building societies, has grabbed more of the automotive finance market, adding Holden to its books.

Employers hold off on hiring
Hiring intentions as measured by Manpower's quarterly employment outlook survey have plateaued as employers hold off on growth plans.

NZX trading volumes slip
NZX Ltd, the securities market operator, reported a drop in the volume and value of total trades last month, as uncertainty surrounding the global economic recovery kept some investors on the sidelines.

Stocks to watch: September 7
The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified.

Quake could crack building blues
Economists are forecasting a substantial boost to the economy from Saturday's earthquake once the dust has settled in Canterbury, with repairs driving a short-term boom for the construction sector.

Sad times for SCF
No-one believed Chicken Little when he told everyone the sky was falling, and it wasn't so long ago that no-one would have believed the news that South Canterbury Finance had fallen.

Quiet start for NZ share market
The New Zealand share market opened relatively quietly this morning as trade overseas thinned since the US Labour Day holiday gave overseas markets no data to digest.

The new normal
If you live long enough, and most of you will, you will see that what is vogue now,  in 30 years will become in vogue again and will be branded as the new normal.

Australian dollar moves higher
The Australian dollar has opened firmer after moving steadily higher on positive global risk sentiment.

In the new Wild West, the bad guys are online
In the e-commerce world, it's a matter of trust or bust.

Do companies care about former staff?
When was the last time you heard from your former employer, or the one before that? Never?

NZ marketers moving to Australia
Marketing executives say New Zealand is turning into a branch office as big corporates shift their top marketing decision makers to Australia.

Kiwi dollar opens higher
The New Zealand dollar opened firmer this morning as anxiety about the global economy eases, and could get further support following news across the Tasman.